New Bitcoin ATM established in Botswana by a startup company Express Minds LTD.
This is Fiat-to-Crypto Bitcoin ATM which allows people to buy Bitcoin from ATM by feeding the money into the machine after which Bitcoin will be transferred to their provided Bitcoin wallet address.
Aim of installing Bitcoin ATM is to reduce the complexity in purchasing Bitcoin from Fiat as there is no Crypto Exchange available in the country to buy Bitcoins and investors have to use the exchanges existed outside of the country.
Currently this ATM can handle the daily transactions upto $5,000 reported by director of Express Minds.
ATM is a very simpler machine can be used easily by almost everyone without any problem and it is very instant and safe.
ATM does not require to trust any person, you have to use a machine directly for purchasing Bitcoins and no fear of scam in it like happened in localbitcoins and centralized exchanges.
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